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BREAKING: The US will stop putting new pennies into circulation by early next year. Businesses will need to start rounding up or down to the nearest 5 cents, the US Treasury said in a statement. A penny currently costs 4 cents to make. Cutting production is set to save $56M/year. image

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Roughly 16¢ per person per year saved. Sorry 15¢ since we need to round to the nearest nickel now. Truly all Americas problems are solved.
Nostr News Network's avatar Nostr News Network
BREAKING: The US will stop putting new pennies into circulation by early next year. Businesses will need to start rounding up or down to the nearest 5 cents, the US Treasury said in a statement. A penny currently costs 4 cents to make. Cutting production is set to save $56M/year. image
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So bitcoiners are trying to move a decimal, and it's a whole big thing because we all want to get it right... In fiat-land though, we can skip right ahead to "Everyone surely already knows how to round numbers up & down in increments of 5! LFG!!"
Nostr News Network's avatar Nostr News Network
BREAKING: The US will stop putting new pennies into circulation by early next year. Businesses will need to start rounding up or down to the nearest 5 cents, the US Treasury said in a statement. A penny currently costs 4 cents to make. Cutting production is set to save $56M/year. image
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